Airlines

Essay specific features

 

Issue:

Business

 

Written by:

Maria C

 

Date added:

July 23, 2014

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 200

 

Was viewed:

6236 times

 

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Essay content:

Tim Wagner, an American Airlines spokesman, states succinctly, "The airlines are simply not designed to handle oil at this price." The record proves it, as Bradford Plumer of The New Republic reports, "Twenty-five airlines have gone belly-up this year - three to four times the usual yearly rate." Still functioning airlines have been forced to eliminate less traveled routes and less accessed hubs in order to survive...
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The problem is not localized to the United States, Ryanair deputy CEO Howard Millar predicts that of the roughly sixty European airlines that exist, only five will survive existing conditions. The full impact of the decline of global air transportation, Plumer argues, "could mean major shifts in the economy, changes in immigration patterns across the world, and perhaps even a remapping of the planet as we know it...
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